3 Alarming Red Flags That Could Signal It's Time to Sell Procter & Gamble Stock in 2023

Procter & Gamble (NYSE: PG) is the third-largest consumer staples stock by market capitalization behind Walmart and Nestle. The company will celebrate its 186th anniversary this year. It has raised its dividend every year for 66 consecutive years. It is a stable and reliable business that has long outlasted recessions because demand for its products remains steady no matter the market cycle. P&G is, in many ways, the most reliable dividend stock on the market when it comes to delivering a passive income stream.

Procter & Gamble continues to raise its dividend and buy back a ton of its own stock, which directly benefits shareholders by boosting earnings per share. But a few red flags have been popping up as of late. Let's go through some causes for concern to see if they are grounds for selling the stock despite its impressive track record.

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Source Fool.com